Sobolewski (BVB): Romania is at the top of increase in the league of the European stock exchange after the first four months

The interest of investors for the companies listed with the BVB brought the main indicators of the stock exchange a plus of 16% in the first four months of this year, the rate of growth from Romania being double against the one in Germany or France, according to the monthly report of BVB sent on Wednesday.

‘Romania is still at the top of growth in the league of the European stock exchange after the first four months. The growth rate is 16% in Romania and it is double this year against the one in Germany, France or the average of the emerging countries included in the MSCI indicator’ stated Ludwik Sobolewski, CEO of BVB.

The main indicator of the Romanian capital market BET which reflects the evolution of the most liquid 12 companies got closer in April to the level of 8,300 points. With 8,296.75 points made at the end of the meeting of trading on 24 April, the BET indicator reached the oldest value of the first four months of this year.

At the level of the 12 companies included in BET the biggest increase was in the case of Conpet (COTE) with an advance of the prices of shares of 61.8% Nuclearelectrica (SNN) whose shares appreciated with 39%. The shares of the BVB issuer advanced with approximately 10% between January – April 2017.

Similarly, the average daily value for trading was with 17% over the level recorded between January – April 2016. The most traded five companies on the main market depending on value were in the first four months of this year: Banca Transilvania (534,5 million lei), Fondul Proprietatea (382,3 million lei), Romgaz (260,5 milion lei), OMV Petrom (234,1 million lei) ?i BRD-Groupe Societe Generale (231,2 million lei).

‘The Romanian companies got at level of stock exchange capitalisation 10 billion lei (approximately 2.4 billion euro) in the first four months of 2017. Moreover, we are talking about some of the biggest values of the last 20 months as regards capitalisation’ Lucian Anghel, the chairman of the Board ofBVB said.